Presentation on theme: "A Withdrawal Benefit Rider From National Western Life"— Presentation transcript:
1A Withdrawal Benefit Rider From National Western Life For Agent Use Only
2The “Outlook” is for “Income” Only 21% of Private Industry Workers Have Defined Benefit Plans51% of Those 50 and Older Worry That They Will Outlive Their Savings21% of Recent Retirees Were Forced Back To The Job Market!
3The “Outlook” is for “Income” Social SecuritySolvency RiskEquitiesMarket RiskWithdrawal RiskVariable Annuitieswith Living BenefitsFee ErosionFixed AnnuitiesWith Living BenefitsGuarantees & Safety!
4What Do Clients Want? Customers Control Flexibility Customization ChoiceCertaintySafety
5What Do Clients NEED? Customers NWL®’s Income Outlook Control FlexibilityCustomizationChoiceCertaintySafety
6What Do Clients Want?Annuity or AnnuityWith Income Plan!
7Income Outlook A Guaranteed Income Plan! A Guaranteed Withdrawal Benefit Rider that is…A Guaranteed Income Plan!
8Income Outlook Guaranteed Payments for Life No Annuitization Required 5% Interest Rate on the Accumulation Period Withdrawal Payment BaseRider Charge of 35 Basis Points…Only when the Account Value Increased!
9Annuitization Versus Withdrawals IrrevocableFlexibleLimited ControlSet Interest RateMore ControlPotential for greater growth
10Income Outlook Rider Charge Accumulation Phase Restart Option Withdrawal Phase
11Income Outlook – Rider Charge 35 Basis Points - .35%Guaranteed For at least 5 YearsNever Greater than 100 Basis Points – 1%Made Each Policy AnniversaryLesser of 35 Bps or Interest CreditNo Interest Credit = No Charge!
12Income Outlook – Accumulation Payment Base equals Premium Paid…Plus Bonus!Account Value equals Premium Paid…Plus Bonus!5% interest on Accumulation Period Withdrawal Payment BaseAs Payment Base Grows, So Does potential Withdrawal Payments
13Income Outlook - Restart Accumulation Period Can Restart…After 5th Policy YEARAccumulation Period Withdrawal Payment Base will be Account Value… If Greater!Rider Charge May Change… But Never Greater than 1%
14Income Outlook - Withdrawal Must Be Age 60 or OlderCan Begin Year 2Guarantees a Withdrawal % and ValueWill “Step Up” to Account Value each Policy Anniversary if GreaterRewards WaitingCan Stop and Start
15Guaranteed Withdrawal Percentages The Guaranteed Withdrawal Percentage is based on your age on the policy anniversary that you begin Withdrawal Payments.SINGLE ANNUITANTAgePercentage605.0%706.0%807.0%615.1%716.1%817.1%625.2%726.2%827.2%635.3%736.3%837.3%645.4%746.4%847.4%655.5%756.5%857.5%665.6%766.6%867.6%675.7%776.7%877.7%685.8%786.8%887.8%695.9%796.9%897.9%908.0%
16$100,000 Premium Guaranteed Annual Lifetime Withdrawal Payments Number of Full Years of Accumulation before Withdrawal Payments Begin12345678910IssueAges60$5,355$5,733$6,135$6,564$7,020$7,505$8,020$8,569$9,153$9,77365$5,880$6,284$6,714$7,171$7,658$8,175$8,724$9,308$9,929$10,58870$6,405$6,836$7,293$7,779$8,296$8,845$9,428$10,047$10,704$11,40275$6,930$7,387$7,872$8,387$8,934$9,515$10,131$10,785$11,480$12,21780$7,455$7,938$8,451$8,995$9,572$10,185$10,835$11,524$12,255$13,031
17THE INVESTMENT WORLDNumerous Studies have shown that the withdrawal rate that would survive any 30 year period is …4%.Motley Fool 2006
19Income Outlook: Real Value AgeDepositMaximum Guaranteed Withdrawal Payment after 10 years assuming no Withdrawals have been taken70 M$100,000$9,77370 F75 M$10,55875 F
20Building A Better Annuity TaxDeferralSafetyofSavingsMinimumGuaranteed InterestNoProbate*Creditor Protection**Varies by State
21Building A Better Annuity Liquidity:10% Withdrawals and RidersMinimumGuaranteed InterestSafetyofSavingsNoProbate*TaxDeferralCreditor Protection**Varies by State
22Building A Better Annuity AccumulationGrowthLiquidity:10% Withdrawals and RidersMinimumGuaranteed InterestSafetyofSavingsNoProbate*TaxDeferralCreditor Protection**Varies by State
23Building A Better Annuity AccumulationGrowthPayment Base 5%Liquidity:10% Withdrawals and RidersMinimumGuaranteed InterestSafetyofSavingsNoProbate*TaxDeferralCreditor Protection**Varies by State
24Building A Better Annuity Surrender ValueDeath Benefit ValueAnnuitization ValueAnnuitization terminates riderAccumulationGrowthPayment Base 5%Liquidity:10% Withdrawals and RidersMinimumGuaranteed InterestSafetyofSavingsNoProbate*TaxDeferralCreditor Protection**Varies by State
25Building A Better Annuity Guaranteed Withdrawal Value!Surrender ValueDeath Benefit ValueAnnuitization ValueAccumulationGrowthPayment Base 5%Liquidity:10% Withdrawals and RidersMinimumGuaranteed InterestSafetyofSavingsNoProbate*TaxDeferralCreditor Protection**Varies by State
26Income Outlook: Concepts Longevity InsuranceCustomized Income Plan
27Income Outlook: Concepts You Want Your Savings To Provide A Predictable, Guaranteed and Safe Income:What would your CPA say?What would your Banker say?What would your Broker say?You Have the Answer: Income Outlook
28Income Outlook: Resources Income CalculatorLife Expectancy CalculatorsDisclosure & Charts
29Generating Income In a Low-Yield Era For some investors, it’s all about the yield – especially with the stock market’s wobbly performance in recent days. With everything from long term Treasury bonds to dividend-paying stocks offering relatively low payouts, a growing number of people are pursuing aggressive new strategies to generate income.Source: Wall Street Journal